ACTIVE

MATHIM

Financial year 2025 · Closed on 30/06/2025

Net result494,9 k €+151,3 %over 1 year
Gross margin759,7 k €+66,6 %over 1 year
Equity1,1 M €+59,5 %over 1 year

Identity

Source · BCE/KBO

MATHIM is a Private limited company incorporated in 2017. Its main activity is: Activities of head offices. Its registered office is in Mouscron.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0675.416.146
Incorporation
04/05/2017
Legal form
Private limited company
Registered office
Rue des Pélerins 7 box E
7700 Mouscron · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 7 filings

Trend over 5 financial years

20252024202320222018
Income statement
Gross margin759,7 k €455,9 k €406,6 k €339 k €87,5 k €
EBITDA757,5 k €454,4 k €404,2 k €291,8 k €86,7 k €
Operating result715,2 k €285,6 k €374,4 k €290,3 k €85,3 k €
Net result494,9 k €196,9 k €280,4 k €213,5 k €57,1 k €
Balance sheet
Equity1,1 M €705,8 k €593,9 k €373,5 k €63,3 k €
Total assets1,9 M €1,8 M €970,5 k €397,8 k €116,1 k €
Cash515,7 k €368,8 k €11,8 k €101,4 k €35 k €
Debts767,5 k €1,1 M €376,6 k €24,3 k €52,8 k €
Other
Workforce–0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Loic Merlin
Directorsince 04/05/2017Managersince 04/05/2017ended

Full financial information

Source · NBB
202520242023202220202019
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/01/202101/01/202001/01/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202231/12/202031/12/2019
Length of the financial year12 months12 months12 months18 months12 months12 months
Filing date31/01/202618/02/202512/02/202409/03/202322/06/202124/08/2020
General meeting19/12/202520/12/202415/12/202316/12/202218/06/202119/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202519/12/202531/01/2026FrenchPDF
Abridged model30/06/202420/12/202418/02/2025FrenchPDF
Abridged model30/06/202315/12/202312/02/2024FrenchPDF
Abridged model30/06/202216/12/202209/03/2023FrenchPDF
Abridged model31/12/202018/06/202122/06/2021FrenchPDF
Abridged model31/12/201919/06/202024/08/2020FrenchPDF
Abridged model31/12/201821/06/201926/08/2019FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Loic Merlin
Directorsince 04/05/2017Managersince 04/05/2017ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office28/04/2025
    SIEGE SOCIAL
    PDF
  • Mandates12/05/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Other15/05/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
Loic Merlin
2017201820192020202120222023202420252026
MATHIM
Rue des Pélerins 7 bte E, 7700 Mouscron
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue des Pélerins 7 bte E, 7700 MouscronCurrent
accounts 2025
Accounts 2025 · 2026-00029774
Chaussée de Lille, 327 bte 0.4, 7500 Tournai
accounts 2024
Accounts 2024 · 2025-00036296
Chaussée de Lille, 327 0.4, 7500 Tournai
accounts 2023
Accounts 2023 · 2024-00029708
Chaussée de Lille, 327 bte 0.4, 7500 Tournai
accounts 2022
Accounts 2022 · 2023-00038489

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MATHIMCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00029774

Events

  1. 2025
    Annual accounts 2025494,9 k €↑
  2. 2024
    Annual accounts 2024196,9 k €↓
  3. 2023
    Annual accounts 2023280,4 k €↑
  4. 2022
    Annual accounts 2022213,5 k €↑
  5. 2018
    Annual accounts 201857,1 k €
  6. 04/05/2017
    IncorporationPrivate limited company